TYIDY (Toyota Industries) Debt-to-Equity: 0.27 (As of Mar. 2026) — 37% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TYIDY Toyota Industries Corp TYIDY
75 GF Score
Price $124.28
GF Value $98.01
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Toyota Industries Debt-to-Equity?

Toyota Industries TYIDY 75 Debt-to-Equity is 0.27 as of Mar. 2026, which is 37% below its 10-year median of 0.43. GuruFocus rates TYIDY with a GF Score™ of 75/100 and a GF Value™ of $98.01 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 185 Farm & Heavy Construction Machinery companies, Toyota Industries ranks better than 61.08% on this metric.

Toyota Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $4,449 Mil. Toyota Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $7,091 Mil. Toyota Industries's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $42,675 Mil. Toyota Industries's debt to equity for the quarter that ended in Mar. 2026 was 0.27.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Toyota Industries's Debt-to-Equity or its related term are showing as below:

TYIDY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 0.43   Max: 0.55
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Toyota Industries was 0.55. The lowest was 0.27. And the median was 0.43.

TYIDY's Debt-to-Equity is ranked better than
61.08% of 185 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.36 vs TYIDY: 0.27

Toyota Industries  (OTCPK:TYIDY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Toyota Industries Debt-to-Equity Related Terms


Toyota Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Toyota Industries's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Toyota Industries Debt-to-Equity Chart

Toyota Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.44 0.28 0.35 0.27

Toyota Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.35 0.33 0.30 0.27

TYIDY vs CNH, PCAR, OSK: Debt-to-Equity Comparison

For the Farm & Heavy Construction Machinery subindustry, Toyota Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Toyota Industries Debt-to-Equity vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Toyota Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Toyota Industries's Debt-to-Equity falls into.


TYIDY
75GF Score
Toyota Industries Corp TYIDY
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyota Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Toyota Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Toyota Industries's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.27 mean?
Toyota Industries (TYIDY) has a Debt-to-Equity of 0.27 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Toyota Industries and its competitors. This is 37% below median its historical median of 0.43. Over the past decade, Toyota Industries' Debt-to-Equity has ranged from 0.27 to 0.55. According to the industry distribution chart, Toyota Industries ranks #72 out of 185 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 38.9%.
Is Toyota Industries' Debt-to-Equity too high?
Toyota Industries' current Debt-to-Equity of 0.27 is 37% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.55. The Farm & Heavy Construction Machinery industry median Debt-to-Equity is 0.36. Toyota Industries' value of 0.27 is 25% below this industry median. Based on the distribution chart, Toyota Industries ranks #72 out of 185 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Toyota Industries has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyota Industries' Debt-to-Equity compare to CNH and PCAR?
According to the Farm & Heavy Construction Machinery industry distribution chart, Toyota Industries ranks #72 out of 185 companies for Debt-to-Equity. This puts Toyota Industries in the upper half of its industry. The industry median Debt-to-Equity is 0.36. Toyota Industries' value of 0.27 is 25% below this benchmark. Historically, Toyota Industries' own Debt-to-Equity has ranged from 0.27 to 0.55 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.36, Toyota Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Farm & Heavy Construction Machinery company?
The median Debt-to-Equity among Farm & Heavy Construction Machinery companies is 0.36, based on 185 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toyota Industries's current Debt-to-Equity of 0.27 is 25% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Toyota Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyota Industries's current Debt-to-Equity is 0.27, which is 37% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyota Industries stock overvalued right now?
Based on GuruFocus' analysis, Toyota Industries (TYIDY) is currently considered Modestly Overvalued. The stock's GF Value™ is $98.01, compared to a current price of $124.28 — trading 26.8% above its estimated fair value. The current Debt-to-Equity is 0.27, which is 37% below median its 10-year median of 0.43 and 25% below the Farm & Heavy Construction Machinery industry median of 0.36. Toyota Industries' overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Toyota Industries (TYIDY), the current Debt-to-Equity is 0.27 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Toyota Industries (TYIDY) Overvalued in 2026?

Based on GuruFocus' analysis, Toyota Industries stock appears to be overvalued. The current stock price of $124.28 is trading 26.8% above its estimated GF Value™ of $98.01. GuruFocus considers Toyota Industries to be Modestly Overvalued.

Key valuation signals for TYIDY:

  • Debt-to-Equity: 0.27 (37% below median its 10-year median of 0.43)
  • GF Value™: $98.01 vs. price of $124.28 (26.8% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 25% below the Farm & Heavy Construction Machinery median (#72 of 185)

No single metric tells the full story. See the TYIDY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyota Industries Business Description

Other Exchanges TAH0:Germany
Address 2-1 Toyodacho, Aichi Prefecture, Kariya, JPN, 448-8671
Toyota Industries Corp is engaged in the manufacture and sale of automobiles, industrial vehicles, and textile machinery. The group operates through three reportable segments: Automobiles, Industrial Vehicles, and Textile Machinery. The Automobiles segment includes vehicles, engines, castings, car air conditioner compressors, electronic devices, and batteries. The Industrial Vehicles segment covers forklift trucks, warehouse equipment, automated warehouses, and logistics solutions. The Textile Machinery segment manufactures looms, spinning machines, and related equipment. It generates the majority of its revenue from the Industrial vehicles segment.
75GF Score

Get the complete analysis for TYIDY

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$124.28
Price
$98.01
GF Value